Short answer
The Boston-Cambridge-Newton metro area had 4,185 tech establishments with paid employees in 2023, employing 152,255 people at an average annual pay of $180,225, according to Census County Business Patterns. Middlesex County has 1,902 of them and Suffolk County (Boston) 861. 304 establishments have 100 or more employees. Toast, HubSpot, PTC and Dynatrace are among the largest public software companies headquartered there.
- 4,185 tech establishments and 152,255 employees in the Boston metro (Census, 2023), 2.13% of the US total.
- Software publishers employ 57,225 people at 700 sites, about 82 each.
- Middlesex County has 45% of the establishments and 51% of the jobs; Suffolk County has 861 establishments.
- 304 establishments have 100 or more employees, 20 of them 1,000 or more.
- The City of Boston's ten largest employers are hospitals, universities and Fidelity: the buyers, not the tech firms.
On this page
- The Boston tech market in one table
- Product companies carry the jobs
- Where: Middlesex County first
- Size
- Public tech companies headquartered in Greater Boston
- Finding Boston tech companies by name
- Choosing a Boston tech vendor or partner
- Prospecting Boston tech companies
- Worked example: a B2B SaaS marketing agency
- What the count covers
- Sources
- Questions people ask
This page is for readers who want Greater Boston's tech companies as a usable list: an engineer or job seeker mapping employers, a hospital or university choosing a software vendor, an investor, or a B2B seller whose customers are tech firms. It gives the Census count, how the market splits by industry, county and size, the public companies based here, and the local sources that name the rest.
The Boston tech market in one table
County Business Patterns (CBP), the Census Bureau's annual count of businesses with employees, puts 4,185 tech establishments in the Boston-Cambridge-Newton, MA-NH Metro Area (CBSA 14460) for 2023. Tech covers four NAICS industry groups: software publishers (5112), computer systems design and related services (5415), data processing, hosting and related services (518) and other information services (5191).
| Measure | Boston metro, 2023 |
|---|---|
| Establishments | 4,185 |
| Employees | 152,255 |
| Annual payroll | $27,440,208,000 |
| Average employees per establishment | 36.4 |
| Average annual pay | $180,225 |
| Share of US tech establishments | 2.13% (of 196,184) |
The Chicago metro has 6,852 tech establishments but 130,852 tech employees (tech companies in Chicago). Boston's sites are almost twice as large on average.
Product companies carry the jobs
| Industry (NAICS) | Establishments | Employees |
|---|---|---|
| Software publishers (5112) | 700 | 57,225 |
| Custom computer programming services (541511) | 1,483 | 27,075 |
| Computer systems design services (541512) | 892 | 17,508 |
| Facilities management and other computer services (541513, 541519) | 423 | 7,315 |
| Data processing, hosting and related services (518) | 434 | 28,808 |
| Other information services (5191) | 253 | 14,324 |
Software publishers and data processing and hosting firms together employ 86,033 people, 57% of the metro's tech workforce. That's unlike Chicago or Dallas, where IT services firms hold most of the jobs. The 2,798 IT services establishments are still the majority by count, so a buyer looking for an implementation partner has plenty of choice.
Where: Middlesex County first
| County | Establishments | Employees |
|---|---|---|
| Middlesex County, Massachusetts | 1,902 | 78,219 |
| Suffolk County, Massachusetts | 861 | 48,820 |
| Norfolk County, Massachusetts | 562 | Not reported (high-noise figure) |
| Essex County, Massachusetts | 380 | 6,131 |
| Rockingham County, New Hampshire | 234 | 4,324 |
| Plymouth County, Massachusetts | 193 | Not reported (high-noise figure) |
| Strafford County, New Hampshire | 51 | Not reported (high-noise figure) |
Employee counts marked not reported carry the Census Bureau's high-noise flag: to protect confidentiality it changed them by 5% or more, so they're left out here.
Middlesex County, which includes Cambridge, Waltham, Burlington and the Route 128 and I-495 suburbs, has 45% of the establishments and 51% of the jobs. Suffolk County, mostly the city of Boston, has 861 establishments averaging 57 employees, the largest sites in the region. Two New Hampshire counties are part of the metro, so a complete list spans two states' registries. The rows total 4,183; two establishments aren't shown by county.
Size
| Employees at the establishment | Establishments | Share |
|---|---|---|
| 1 to 4 | 2,394 | 57.2% |
| 5 to 9 | 531 | 12.7% |
| 10 to 19 | 388 | 9.3% |
| 20 to 49 | 377 | 9.0% |
| 50 to 99 | 191 | 4.6% |
| 100 to 249 | 168 | 4.0% |
| 250 to 499 | 80 | 1.9% |
| 500 to 999 | 36 | 0.9% |
| 1,000 or more | 20 | 0.5% |
In bands: 3,313 establishments with 1 to 19 employees, 568 with 20 to 99 and 304 with 100 or more. At 7.3% of the total, Boston's share of sites with 100 or more employees is more than twice Dallas-Fort Worth's 3.3%.
Public tech companies headquartered in Greater Boston
Software and internet companies, by revenue in each company's latest 10-K:
| Company | Headquarters | Latest fiscal year | Revenue |
|---|---|---|---|
| Toast | Boston | 2025 | $6,153 million |
| HubSpot | Cambridge | 2025 | $3,131.3 million |
| PTC | Boston | Year to 30 September 2025 | $2,739.2 million |
| Dynatrace | Boston | Year to 31 March 2026 | $2,018.4 million |
| Tripadvisor | Needham | 2025 | $1,891 million |
| Pegasystems | Waltham | 2025 | $1,745.8 million |
| Klaviyo | Boston | 2025 | $1,234.0 million |
| Progress Software | Burlington | Year to 30 November 2025 | $977.8 million |
| CarGurus | Boston | 2025 | $907.0 million |
| Rapid7 | Boston | 2025 | $859.8 million |
| NetScout Systems | Westford | Year to 31 March 2026 | $859.5 million |
| EverQuote | Cambridge | 2025 | $692.5 million |
The region also hosts chip and hardware companies that the Census Bureau counts as manufacturers: Analog Devices in Wilmington ($11,019.7 million for the year to 1 November 2025), IPG Photonics in Marlborough ($1,003.8 million), Mercury Systems in Andover ($983.6 million for the year to 3 July 2026) and MACOM Technology Solutions in Lowell ($967.3 million for the year to 3 October 2025).
The City of Boston's 2025 annual financial report lists its ten largest employers: Massachusetts General Hospital (19,418), Brigham and Women's Hospital, Boston University, Boston Children's Hospital, Beth Israel Deaconess, Northeastern, Boston Medical Center, Dana-Farber, Harvard's graduate schools and Fidelity Investments (6,310). No tech company makes it. Those hospitals, universities and financial firms are the biggest local buyers of what Boston's tech firms sell.
Finding Boston tech companies by name
| Source | What it gives you |
|---|---|
| Boston Certified Business Directory | City-certified small, local, minority, women and veteran-owned businesses, each with up to three NAICS codes, a contact and an employee band; updated daily |
| Massachusetts Statewide Contract Index | The state's IT contracts, including ITS86 (software and services), ITS87 (IT staff augmentation), ITS78 (data and cybersecurity) and ITS81 (project services and GIS), with their vendors |
| COMMBUYS | The state procurement system, with public searches of contracts and vendors |
| MassTech Innovation Index | The state technology agency's annual benchmark of the "Innovation Economy", which it says accounts for nearly 40% of jobs in Massachusetts |
For legal entity checks, use the Massachusetts Secretary of the Commonwealth's corporations search, and New Hampshire's for Rockingham and Strafford county firms.
Choosing a Boston tech vendor or partner
- Product or project? Boston has many product companies (5112, 518) and many implementers (5415). Decide which you need before you shortlist.
- Check health and research experience. If you're a hospital or university, ask for references in your sector and, where patient data is involved, the vendor's readiness to sign a business associate agreement.
- Use the state contracts. Vendors on an ITS contract have already been through state procurement, which can shorten a public buyer's process.
- Look past the address. A Cambridge office may be a sales site for a company that builds elsewhere; ask where engineering and support sit.
Prospecting Boston tech companies
The 304 sites with 100 or more employees buy through procurement, security review and several stakeholders; expect quarters, not weeks. The 568 with 20 to 99 often have a single functional owner with budget, which makes them the fastest mid-market segment. The 3,313 under 20 are founder-led. Good triggers here include a funding round, a new product line, a hospital or university customer announcement, and a move between Cambridge, the Seaport and the 128 suburbs.
Worked example: a B2B SaaS marketing agency
Illustrative example. The company, people and fees are fictional, to show the method.
Charles Row Marketing (charlesrow.example) runs demand generation for business software companies whose marketing team is a few people. It targets software publishers and data processing firms with 20 to 249 employees in Middlesex and Suffolk counties.
- Establishments with 20 to 249 employees: 377 + 191 + 168 = 736.
- Software publishers and data processing firms are 1,134 of 4,185 establishments (27%), so about 200 of those 736.
- Middlesex and Suffolk hold 66% of establishments: about 130.
- The agency assumes half sell to businesses with a marketing team of five or fewer: about 65 accounts.
Reading 130 websites and LinkedIn pages to find the ones with small marketing teams takes days. Bebop takes "Boston and Cambridge B2B software companies with 20 to 249 employees and a small marketing team" and returns matches with a playbook for each.
Subject: Pipeline after [Company]'s [signal: Series B, new product] Hi [first name], Congratulations on [signal]. Software companies at your stage usually need pipeline to grow faster than the marketing team does, and the gap shows up a quarter later in sales. We run demand programs for Boston B2B software teams of two to five marketers, so you get a team without the hiring cycle. Would a look at what we'd run in your first 90 days help? [Your name], Charles Row Marketing
What the count covers
CBP counts establishments, single locations with at least one paid employee, for the week of March 12, 2023. A company with offices in Boston and Burlington counts twice, owner-only consultancies aren't counted, and in-house tech teams at hospitals, universities and asset managers count under their employers' industries. Chipmakers and hardware companies are manufacturers, so they're outside the count even though they're tech companies by any everyday definition.
Next step: research each account before you write with account research.
Sources
- County Business Patterns 2023, US Census Bureau, accessed 30 October 2026
- County Business Patterns Methodology, US Census Bureau, accessed 30 October 2026
- Annual Comprehensive Financial Report for the Year Ended June 30, 2025: Principal Employers, City of Boston, January 2026
- Certified Business Directory, City of Boston, via Analyze Boston, accessed 30 October 2026
- Statewide Contract Index, Commonwealth of Massachusetts Operational Services Division, accessed 30 October 2026
- Annual Index of the Massachusetts Innovation Economy, 2023 Edition, Massachusetts Technology Collaborative, August 2024
- Toast Form 10-K for the fiscal year ended 31 December 2025, Toast, via SEC EDGAR, 18 February 2026
- HubSpot Form 10-K for the fiscal year ended 31 December 2025, HubSpot, via SEC EDGAR, 11 February 2026
- PTC Form 10-K for the fiscal year ended 30 September 2025, PTC, via SEC EDGAR, 21 November 2025
- Dynatrace Form 10-K for the fiscal year ended 31 March 2026, Dynatrace, via SEC EDGAR, 20 May 2026
- Tripadvisor Form 10-K for the fiscal year ended 31 December 2025, Tripadvisor, via SEC EDGAR, 13 February 2026
- Pegasystems Form 10-K for the fiscal year ended 31 December 2025, Pegasystems, via SEC EDGAR, 10 February 2026
- Klaviyo Form 10-K for the fiscal year ended 31 December 2025, Klaviyo, via SEC EDGAR, 10 February 2026
- Progress Software Form 10-K for the fiscal year ended 30 November 2025, Progress Software, via SEC EDGAR, 20 January 2026
- CarGurus Form 10-K for the fiscal year ended 31 December 2025, CarGurus, via SEC EDGAR, 19 February 2026
- Rapid7 Form 10-K for the fiscal year ended 31 December 2025, Rapid7, via SEC EDGAR, 19 February 2026
- NetScout Systems Form 10-K for the fiscal year ended 31 March 2026, NetScout Systems, via SEC EDGAR, 14 May 2026
- EverQuote Form 10-K for the fiscal year ended 31 December 2025, EverQuote, via SEC EDGAR, 24 February 2026
- Analog Devices Form 10-K for the fiscal year ended 1 November 2025, Analog Devices, via SEC EDGAR, 25 November 2025
- IPG Photonics Form 10-K for the fiscal year ended 31 December 2025, IPG Photonics, via SEC EDGAR, 23 February 2026
- Mercury Systems Form 10-K for the fiscal year ended 3 July 2026, Mercury Systems, via SEC EDGAR, 18 August 2026
- MACOM Technology Solutions Form 10-K for the fiscal year ended 3 October 2025, MACOM Technology Solutions, via SEC EDGAR, 14 November 2025
Written by the Bebop team at Blackpearl Group. Published .
Questions people ask
How many tech companies are in Boston?
The Census Bureau counted 4,185 tech establishments with paid employees in the Boston-Cambridge-Newton metro area in 2023, employing 152,255 people. Middlesex County had 1,902 of them and Suffolk County, which is mostly the city of Boston, had 861. The count covers software publishers, IT services, data processing and hosting, and other information services.
What are the biggest tech companies headquartered in Boston?
By revenue in their latest 10-K filings, the largest software and internet companies headquartered in Greater Boston are Toast ($6,153 million for 2025), HubSpot in Cambridge ($3,131.3 million), PTC ($2,739.2 million for the year to September 2025) and Dynatrace ($2,018.4 million for the year to March 2026). Analog Devices in Wilmington is the largest chip company, at $11,019.7 million.
Is Cambridge or Boston the bigger tech hub?
Cambridge is in Middlesex County, which had 1,902 tech establishments and 78,219 tech employees in 2023, against 861 establishments and 48,820 employees in Suffolk County, which is mostly Boston. Middlesex also includes Waltham, Burlington and the suburban corridors, so it isn't Cambridge alone. Suffolk's establishments are larger, at about 57 employees each.
How much do tech companies in Boston pay?
Average annual pay at Boston metro tech establishments was $180,225 in 2023, from Census payroll of $27.44 billion across 152,255 employees. That's an average across every role at those companies and is raised by large software employers. It isn't the salary for any one job title.
Why isn't Analog Devices in Boston's tech company count?
The Census Bureau classifies each establishment by its main activity. Chipmakers such as Analog Devices, MACOM and IPG Photonics make physical products, so they're counted as manufacturers. The 4,185 tech establishments here are software publishers, IT services, data processing and hosting, and other information services firms only.